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Post-RBA Pop and Drop Leaves AUD/USD in a Precarious Spot

Discussion in 'Technical Analysis' started by Kaitlin, Feb 2, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The market's focus will be ping-ponging between major macroeconomic developments all around the world this week, and last night's hotspot was clearly Australia, where the central bank met to discuss interest rates and monetary policy. As widely expected, the RBA left interest rates unchanged at 2.0%, leading to an kneejerk[​IMG]

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